MGFAX vs. MOSAX
MGFAX (MassMutual Global Fund) and MOSAX (MassMutual Overseas Fund) are both mutual funds - MGFAX is a Global Equities fund managed by MassMutual, while MOSAX is a Foreign Large Cap Equities fund managed by MassMutual. Over the past 10 years, MGFAX returned 11.14%/yr vs 8.81%/yr for MOSAX. Their correlation of 0.87 means they have usually moved in the same direction. MGFAX charges 1.41%/yr vs 1.34%/yr for MOSAX.
Performance
MGFAX vs. MOSAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MGFAX achieves a 1.52% return, which is significantly lower than MOSAX's 7.72% return. Over the past 10 years, MGFAX has outperformed MOSAX with an annualized return of 11.14%, while MOSAX has yielded a comparatively lower 8.81% annualized return.
MGFAX
- 1D
- 0.55%
- 1M
- -4.53%
- 6M
- 1.24%
- YTD
- 1.52%
- 1Y
- 9.83%
- 3Y*
- 11.88%
- 5Y*
- 4.84%
- 10Y*
- 11.14%
- ALL TIME*
- 7.44%
MOSAX
- 1D
- 1.77%
- 1M
- 3.60%
- 6M
- 5.86%
- YTD
- 7.72%
- 1Y
- 17.42%
- 3Y*
- 10.64%
- 5Y*
- 6.73%
- 10Y*
- 8.81%
- ALL TIME*
- 5.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MGFAX vs. MOSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGFAX MassMutual Global Fund | 1.52% | 14.37% | 15.01% | 33.87% | -32.08% | 19.60% | 27.18% | 30.67% | -14.19% | 35.30% |
MOSAX MassMutual Overseas Fund | 7.72% | 25.48% | 0.12% | 18.26% | -15.35% | 12.61% | 8.51% | 28.26% | -16.78% | 26.44% |
Correlation
The correlation between MGFAX and MOSAX is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.70 |
Correlation (3Y) Balances recent behavior with more history. | 0.71 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.76 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.79 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 2004 | 0.87 |
The correlation between MGFAX and MOSAX shifts across timeframes, from 0.70 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MGFAX vs. MOSAX — Risk / Return Rank
MGFAX
MOSAX
MGFAX vs. MOSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual Global Fund (MGFAX) and MassMutual Overseas Fund (MOSAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MGFAX | MOSAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.20 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.47 | 1.31 | -0.84 |
| Martin ratioReturn relative to average drawdown | 1.63 | 4.58 | -2.95 |
Loading charts...
Drawdowns
MGFAX vs. MOSAX - Drawdown Comparison
The maximum MGFAX drawdown since its inception was -62.06%, which is greater than MOSAX's maximum drawdown of -58.43%. Use the drawdown chart below to compare losses from any high point for MGFAX and MOSAX.
Loading charts...
Drawdown Indicators
| MGFAX | MOSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.06% | -58.43% | -3.63% |
Max Drawdown (1Y)Largest decline over 1 year | -16.38% | -11.74% | -4.64% |
Max Drawdown (3Y)Largest decline over 3 years | -23.61% | -14.33% | -9.28% |
Max Drawdown (5Y)Largest decline over 5 years | -46.09% | -33.69% | -12.40% |
Max Drawdown (10Y)Largest decline over 10 years | -46.09% | -36.75% | -9.34% |
Current DrawdownCurrent decline from peak | -7.99% | 0.00% | -7.99% |
Average DrawdownAverage peak-to-trough decline | -13.52% | -11.55% | -1.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 3.36% | +1.39% |
Volatility
MGFAX vs. MOSAX - Volatility Comparison
MassMutual Global Fund (MGFAX) has a higher volatility of 5.16% compared to MassMutual Overseas Fund (MOSAX) at 4.02%. This indicates that MGFAX's price experiences larger fluctuations and is considered to be riskier than MOSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MGFAX | MOSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 4.02% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 15.50% | 11.68% | +3.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.32% | 14.09% | +4.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.72% | 17.70% | +16.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.58% | 17.88% | +9.70% |
MGFAX vs. MOSAX - Expense Ratio Comparison
MGFAX has a 1.41% expense ratio, which is higher than MOSAX's 1.34% expense ratio.
Dividends
MGFAX vs. MOSAX - Dividend Comparison
MGFAX's dividend yield for the trailing twelve months is around 43.01%, more than MOSAX's 16.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGFAX MassMutual Global Fund | 43.01% | 43.66% | 16.85% | 30.43% | 28.11% | 15.89% | 5.05% | 0.36% | 27.78% | 12.10% | 3.75% | 8.25% |
MOSAX MassMutual Overseas Fund | 16.90% | 18.21% | 6.02% | 2.24% | 9.26% | 9.64% | 1.78% | 5.10% | 12.16% | 1.42% | 1.71% | 3.12% |
Frequently Asked Questions
MGFAX and MOSAX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MGFAX has higher volatility (5.16%) compared to MOSAX (4.02%). In terms of maximum drawdown, MGFAX dropped -62.06% vs MOSAX's -58.43%.
MOSAX currently has the higher Sharpe Ratio (1.10 vs 0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MGFAX and MOSAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer